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Author Topic: Trump's crypto launch announcement, a political strategy or a great developmen  (Read 1637 times)

Offline akeemqaz

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I have not seen Trump make this statement anywhere online, but I wish he did because this would truly bring a lot of attention to crypto and have many positive impacts as well.
And I'm not sure if his son is working on a crypto project, but I would appreciate it if you could provide a link to any news related to this.

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    Sixth year Anniversary Quick Poster Fifth year Anniversary
Donald Trump is well aware that crypto is very popular among the youth right now and he is using this strategy to get their attention. He wants to win this presidential election at any cost.  Although he has a lot of popularity, the Democratic candidate Kamala Harris is his biggest rival. She has to compete very hard with Kamala Harris.  Because of which Donald Trump is using different types of tactics, I think Bitcoin is his political strategy. Regardless of the reason he decides this is why I support Donald Trump.
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Online rby

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Donald Trump is well aware that crypto is very popular among the youth right now and he is using this strategy to get their attention. He wants to win this presidential election at any cost.  Although he has a lot of popularity, the Democratic candidate Kamala Harris is his biggest rival. She has to compete very hard with Kamala Harris.  Because of which Donald Trump is using different types of tactics, I think Bitcoin is his political strategy. Regardless of the reason he decides this is why I support Donald Trump.
Reading your post and connecting the contents to the current reality of Donald Trump, there's no way I can agree more to your submission. Donald Trump is one man that knows how to get what he wants with everything he has and being strategic is one his his popular techniques in buying the mind of people. He understands the importance of Bitcoin and cryptocurrency in general amongst the youths which is why he's using it as a means of convincing the young people to vote for him as well as support his ambition. I will be happy to see him win the elections because he's my preferred candidate
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Offline |MINER|

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    Topic Starter Search One year Anniversary
On the 12th of September, Donald Trump announced  the the launch of his son's new crypto project which was tagged "World Liberty Financial". Trump and his family have been promoting this particular project for the past few weeks.
Out of curiosity to know more and pick the mind of crypto experts in this forum about this particular move by the US presidential candidate, I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market

Read More...
Now even if Donald Trump genuinely supports cryptocurrency, I will think it's a political strategy. Because he has previously made various strange comments about crypto currencies. And now before the elections, he is positively presenting crypto currency to people and giving positive statements about it and also doing various activities.
If he had brought these issues to the media two years ago, maybe my current thinking would have been different. However, apparently, these activities do not seem to me to be anything other than political strategy. As Elon Musk did before the start of last bull season. I don't trust them, they always work for their own interests.

Online Hatchy

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I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market

Read More...
Yes, this could actually be both a political move and a potential boost for the crypto market. His support for his son's crypto project might be a way to win over U.S. crypto investors and get more votes. It is also possible that him backing his son could bring more attention to cryptocurrency, attracting new people to invest

But then, just because a famous person is involved does not really mean the project will succeed, so every investor should be cautious and do their research before jumping in on it.
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Offline Rubel007

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I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market

Read More...
Yes, this could actually be both a political move and a potential boost for the crypto market. His support for his son's crypto project might be a way to win over U.S. crypto investors and get more votes. It is also possible that him backing his son could bring more attention to cryptocurrency, attracting new people to invest

But then, just because a famous person is involved does not really mean the project will succeed, so every investor should be cautious and do their research before jumping in on it.
Well said, after investing in such new projects, there is no way to say if those assets can survive in the market for long term. Political leaders may change at a particular time or their policies may also change, so before investing in those projects, decisions should be taken very carefully. It is better to keep cryptocurrency or bitcoin independent than to support a particular leader. By doing this, even if it is temporarily in a position, it will do well in the long run. Whether it's because of his political ambitions or because of his son's support, if Donald Trump wins, crypto adoption may temporarily increase. However, the risk factors should be observed repeatedly before investment.

Offline enoch_from_off

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I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market

Read More...
Yes, this could actually be both a political move and a potential boost for the crypto market. His support for his son's crypto project might be a way to win over U.S. crypto investors and get more votes. It is also possible that him backing his son could bring more attention to cryptocurrency, attracting new people to invest

But then, just because a famous person is involved does not really mean the project will succeed, so every investor should be cautious and do their research before jumping in on it.

Totally agree. Politicians are the experts of doing what the crowds would want, crypto-related or not. We should stay vigilant about whatever they say and continue to judge coldly, according to metrics and facts.

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    One year Anniversary Quick Poster 10 Poll Votes
On the 12th of September, Donald Trump announced  the the launch of his son's new crypto project which was tagged "World Liberty Financial". Trump and his family have been promoting this particular project for the past few weeks.
Out of curiosity to know more and pick the mind of crypto experts in this forum about this particular move by the US presidential candidate, I'm asking if this is a political strategy to win the hearts of crypto marketers in the US so they can vote him or should we be happy that it is a great development to cryptocurrency and a bid to significantly attract more investors to the crypto market

Announcing his son's project as "World Liberty Financial". I think crypto is gradually becoming a joke and a political way of mockery to the crypto community. Just as some of us here have mentioned, all these are practically campaign strategies that are used in getting the support of crypto users. My big problem with all these is the number of promises that has been made so far. Trump keeps saying so many interesting things, which are clearly what politicians do when the election keeps getting close. Personally, I don't see any reason to hype or turn my attention towards the forth coming election because I don't think politics and crypto will work in hand.
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Offline Stompix

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So here is his master plan for this great crypto:

Quote
The equity structure for these tokens will be that 20% of the project’s tokens are allotted to the founding team, which includes the Trumps, 17% of tokens are set aside for user rewards, and the remaining 63% of the coins will be made available for the public to purchase, said founder Zak Folkman.

Trump gets 20%, they give away 17% and they sell 63%!
Satoshi would be spinning in his grave hearing this would be a thing his followers cheer for!

Announcing his son's project as "World Liberty Financial". I think crypto is gradually becoming a joke and a political way of mockery to the crypto community.

A new Defi bringing freedom in the form of an LLC ;)

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So here is his master plan for this great crypto:

Quote
The equity structure for these tokens will be that 20% of the project’s tokens are allotted to the founding team, which includes the Trumps, 17% of tokens are set aside for user rewards, and the remaining 63% of the coins will be made available for the public to purchase, said founder Zak Folkman.

Trump gets 20%, they give away 17% and they sell 63%!
Satoshi would be spinning in his grave hearing this would be a thing his followers cheer for!

Announcing his son's project as "World Liberty Financial". I think crypto is gradually becoming a joke and a political way of mockery to the crypto community.

A new Defi bringing freedom in the form of an LLC ;)

You really got me with that one, I can't stop laughing  ;D. I clearly don't know what the community is turning into. The same community that stood for transparency, stood against oppression of the financial system because they were fed up with every activities that kept happening behind the scenes. Unfortunately, some people have began to fall for sweet talks, and start believing in statements that calls a random project "world liberty financial". Then what place will Bitcoin now have in our society if this kind of statement is made by someone with genuine intensions towards cryptocurrency in general.

So Trump thinks he has done well from the allocation. 63% is automatically a way of dumping the so called world liberty financial. 63% is clearly the major part of the allocation, so it will be easy for the trumps to get something at least.
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Offline satpol_PP

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been following Trump campaign since time but haven't heard of him talking about such project apart from that NFTs he been selling. but he been vocal about bot supporting CBDC and making US as the place where BTC will be minted and so on. i googled it and found few articles which i think is a defi project and Trump's son seem to be involve in making this happen.

Trump is a businessman, i doubt this is just a political strategy. if he is part of this project then he may also have planned to make money out of it.
Well, If Trump have anything to do with DeFi or crypto projects then it could be something big either for him in terms of financial benefit or in terms of political strategy. Since he is an entrepreneur, his participation in the world of crypto might be a way to invest in new business opportunities there, so waiting for more information about it is crucial in order to identify the goals and consequences.
I have not read valid news that Trump is related to the Defi project, but if it is true it will be a good thing if Trump wins in the US presidential election. Many people are waiting for what will happen in next November. Because Crypto lovers hope that Trump will win the US presidential election and support Crypto so that the price of Bitcoin will rise.

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If nothing else, it shows that bitcoin is now big enough that both ca didates for tge USA presidemcy talked aboht it, albeit one more than the other but we are in discussion right now and that shows how great and huge that we got so far and thats quite big and important. Without any of this we were much smaller once upon a time and nobody cared about us or talked about us. Now we have that long waited bitcoin ETF and also preside ts talk about us and big wall street hedge funds with billions and billions end up offering bitcoin services to customers. Thats quite big deal.

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I think Donald Trump new crypto project World Liberty Financial  is way to win votes from people who like cryptocurrency. He wants to get their support by endorsing this project. Trump wants to look good to people who like new technology especially younger voters. But I think his main reason is to get political gain.


This project might bring more attention to cryptocurrency but we should not forget that Trump main goal is political. We should look at project quality not just because Trump is involved. Project success should be based on its strengths not just because of Trump name. We should be careful and not support it just because of who is behind it.

First, I think that this information is not reliable, actually I don't believe that Donald Trump has made his crypto project through his son's, public. For me, i doubt this development because i think that Donald Trump is very vocal about his intentions and he always his activities make public.

Secondly, if this information is real, it may be politically motivated just to attract crypto community voters, and the project may be dumped after his elections success.
Finally, politicians campaigning at this political time with the crypto community has the intentions of winning their votes, simple.

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been following Trump campaign since time but haven't heard of him talking about such project apart from that NFTs he been selling. but he been vocal about bot supporting CBDC and making US as the place where BTC will be minted and so on. i googled it and found few articles which i think is a defi project and Trump's son seem to be involve in making this happen.

Trump is a businessman, i doubt this is just a political strategy. if he is part of this project then he may also have planned to make money out of it.
Well, If Trump have anything to do with DeFi or crypto projects then it could be something big either for him in terms of financial benefit or in terms of political strategy. Since he is an entrepreneur, his participation in the world of crypto might be a way to invest in new business opportunities there, so waiting for more information about it is crucial in order to identify the goals and consequences.
I have not read valid news that Trump is related to the Defi project, but if it is true it will be a good thing if Trump wins in the US presidential election. Many people are waiting for what will happen in next November. Because Crypto lovers hope that Trump will win the US presidential election and support Crypto so that the price of Bitcoin will rise.

In my opinion, all those claim and open speech about Bitcoin and crypto by trump could actually a plan just to make him win his election because there is a large population in the country that are crypto lovers and they will do every thing best to support Trump but I just hope that if successfully win the election and become the president, let is praises about crypto not become a shadow.

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Trump has been doing a lot to get crypto users on his side, so anything he says about crypto or BTC, i believe it to just be a campaign strategy, the crypto community is very large in the U.S., so if he gets most of their votes, it is a good step forward. Trump has already told us what he feels about BTC a long time ago, why did he change his ideology only now that he is running for president.

 

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